Our Specialized Accounting Services for Construction
For construction companies, tracking finances project-by-project is crucial. Our specialized bookkeeping service offers meticulous detail, ensuring every cost and revenue stream is allocated correctly. This provides you with accurate, real-time insights into the profitability of each construction project.
Key Features:
- Progress Billing Management: Streamlined invoicing for various project milestones.
- Labor Cost Tracking: Detailed analysis of labor expenses, including direct and indirect costs per project.
- Material Reconciliation: Precise tracking of material purchases and usage, minimizing waste and ensuring budget adherence.
- Customizable Reporting: Tailored reports on project margins, cash flow, and financial performance, designed to support your decision-making.
- Dedicated Project Accountants: Experts who understand the unique financial cycles of the construction industry.
Navigating Polish tax regulations can be complex, especially within the construction sector. We provide expert guidance on VAT, ZUS, and PIT settlements, ensuring full compliance and optimizing your tax position. From reverse charge mechanisms to specific ZUS contributions for various employment types, we've got you covered.
Our Expertise Includes:
- VAT Compliance: Handling construction-specific VAT rules, including reverse charge and split payment mechanisms.
- ZUS Settlements: Correct classification and reporting for all contract types (Umowa o dzieło, Umowa zlecenie, Umowa o pracę), minimizing risk of penalties.
- PIT Optimization: Strategic planning for Personal Income Tax settlements for owners and employees.
- Regular Updates: Keeping you informed of the latest changes in Polish tax law affecting the construction industry.
- Representation: Support and representation during tax audits and inquiries.
Proactive risk management is key to avoiding costly audits and penalties. We help you implement robust internal controls and digital documentation practices that strengthen your financial foundation and provide peace of mind. Should an audit occur, we stand by you, offering comprehensive support and representation.
Our Proactive Approach:
- Digital Document Management: Guidance on secure and efficient digital storage of contracts, invoices, and other vital records.
- Compliance Checklists: Regular assessments to ensure all financial processes meet regulatory requirements.
- Internal Control Implementation: Developing and refining processes to prevent incomplete timesheets and underreported income – common audit triggers.
- Audit Preparation: Thorough preparation of all necessary documentation and financial statements.
- Audit Representation: Professional assistance and direct communication with auditors on your behalf.
Managing subcontractors effectively is pivotal for project success and financial compliance. We assist with all aspects of subcontractor payroll, invoicing, and contract compliance, ensuring that all agreements are properly documented and payments are made on time while adhering to all legal requirements.
Our Support Includes:
- Contract Review & Compliance: Ensuring subcontractor agreements meet legal and financial standards.
- Payment Processing: Timely and accurate processing of subcontractor invoices and payments.
- Tax Withholding & Reporting: Correct handling of tax obligations related to subcontractor payments.
- Documentation & Record Keeping: Maintaining comprehensive records for all subcontractor engagements, crucial for audits.
- Risk Assessment: Identifying potential financial and compliance risks associated with subcontractor relationships.
